ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) Short Interest Down 55.1% in May

ProShares MSCI Europe Dividend Growers ETF (BATS:EUDVGet Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 533 shares, a drop of 55.1% from the April 30th total of 1,187 shares. Based on an average daily volume of 904 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

ProShares MSCI Europe Dividend Growers ETF Trading Up 0.5%

Shares of EUDV stock opened at $54.02 on Friday. ProShares MSCI Europe Dividend Growers ETF has a 12-month low of $49.48 and a 12-month high of $56.05. The firm’s 50 day moving average is $52.86 and its 200 day moving average is $52.81. The stock has a market capitalization of $9.45 million, a P/E ratio of 23.46 and a beta of 0.88.

Institutional Investors Weigh In On ProShares MSCI Europe Dividend Growers ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. purchased a new stake in ProShares MSCI Europe Dividend Growers ETF in the second quarter worth approximately $27,000. Flow Traders U.S. LLC purchased a new stake in ProShares MSCI Europe Dividend Growers ETF in the third quarter worth approximately $359,000. Citadel Advisors LLC purchased a new stake in ProShares MSCI Europe Dividend Growers ETF in the third quarter worth approximately $480,000. Susquehanna International Group LLP boosted its holdings in ProShares MSCI Europe Dividend Growers ETF by 14.3% in the third quarter. Susquehanna International Group LLP now owns 10,126 shares of the company’s stock worth $532,000 after purchasing an additional 1,265 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in ProShares MSCI Europe Dividend Growers ETF in the fourth quarter worth approximately $893,000.

About ProShares MSCI Europe Dividend Growers ETF

(Get Free Report)

The ProShares MSCI Europe Dividend Growers ETF (EUDV) is an exchange-traded fund that is based on the MSCI Europe Dividend Masters index. The fund tracks an index of developed European companies with a history of stable dividend growth. EUDV was launched on Sep 10, 2015 and is managed by ProShares.

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